Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 5.00% FR 30D – CD 20220422
Applications were opened on Wednesday, 20 April 2022 by Bank of Jamaica for the allocation of JMD 18,500,000,000.00 of BOJ 5.00% FR 30D-CD 20220422 through a competitive price auction. The issue date for the successful allotments is Friday, 22 April 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 5.00% FR 30D – CD 20220422 | |
| Total Bids Received | 136 |
| Total Value of Bids Received | $19,998,875,000.00 |
| Total Offer Amount | $18,500,000,000.00 |
| Total Successful Bids | 129 |
| Total Allocated Bids | $18,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 8.21% |
| Average Price for Successful Bids ($): | $99.73 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 7.50% / $8,800,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 10.25%/ $200,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 9.25% / $130,000,000.00 |
| Bid Rate for Partial Allocation | 9.299% |
| Partial Allocation Percentage | 5.28% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 22 April 2022, will be J$67,000,000,000.00
The next auction is scheduled for Wednesday, 27 April 2022.
